Penny Stocks to Watch by Stock Analyzer for May 14th

By msadmin | May 13, 2009
Rating 3.00 out of 5
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Submitted by Stock Analyzer

Penny Stocks to Watch

Congratulations for those that played THRR today, our featured play for the day. The stock opened up at .007 ranges and hit a high of .0115 and closed up 25% on very strong volume. Resistance is at .0125 and .013 ahead. Keep a eye on this as it continues to show support at .005 .007 below. tomorrow in the chat room we will be releasing a new BeaconEquity trading alert early to chat room members only. So make sure you are there by 9:30 est to get the early scoop on a “BeaconEquity” trading alert before the crowd!

OMCY I think is using its gap now as support. We held .85 here nicely and could test .95 to 1.00 ranges here in the short term. Keep a eye on this one as I am still bullish on OMCY in its current uptrend.

SFIO for those in this one already, we could see a gap up to .17 to .20 ranges which is resistance on this stock. I would be hesitant to try and find support if it starts falling. Hard to predict them.

TRXX holding a higher level of consolidation here. If this stock holds .025 .03 and breaks over .05 we could see .06 to .065 again

DISK is a stock that is holding a nice trend from about .78 to .98 lately. If we can break 1.00 then we could see a upward move to 1.25 which is also a gap that needs to be filled from a few weeks ago.

I am not a registered broker so please buy and sell on your own choice. These are just my opinions and should not be used for buy/sell signals.

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